Lido launches Swap feature, supporting Ethereum, Arbitrum, and Base

Lido has launched an in-app Swap feature allowing users to trade tokens directly on Ethereum, Arbitrum, and Base, with CoW Swap providing the execution layer. The integration lets users swap without leaving Lido's interface, potentially improving capital efficiency for stakers and reducing friction between liquid staking positions and broader DeFi activity across the three chains. The move expands Lido beyond staking into transaction routing, where it will compete with native DEX aggregators on those networks. Details on fees, supported token pairs, and volume incentives were not disclosed. Next, watch whether the feature drives measurable swap volume and TVL growth on Arbitrum and Base, and whether Lido extends Swap support to additional chains.